openPR Logo
Press release

Handcycle Market | Industry Analysis, Trend, Growth, Opportunity, Forecast 2021-2028

03-12-2021 03:33 PM CET | Logistics & Transport

Press release from: Allied Market Research

Handcycle Market | Industry Analysis, Trend, Growth,

The handcycles are a form of bicycles that allows the rider to propel by using hands rather than feet pedal. Most handcycles have three wheels containing 2 coasting rear wheels and one wheel in the front which is used to steer and power the bicycle. Moreover, handcycles comes in variety of styles according to the end-use of consumers. The handcycles are widely adopted for health activities as it provides exercise and maintains the health in active lifestyle. Additionally, the handcycles are also suitable for disabled people. The basic difference between conventional cycle and handcycle is that the pedals of the handcycle is positioned in the hand instead of feet.

Download Report Sample (PDF with Insights, Charts, Tables, Figures) at:
Market scope and structure analysis: https://www.alliedmarketresearch.com/request-sample/9984

COVID-19 scenario Analysis:

• The novel coronavirus is possessing a burgeoning threat on economies. Besides the shutdown of industries has impacted in revenue generation and recession.
• Manufacturing firms are looking to position themselves for recovery and will need to adapt to faster industry cycles and shorter planning.
• Also, with lockdown measures, the fitness activities have halted.
• Moreover, the need for fitness equipment will rise significantly post lockdown. This will gravitate consumers to buy handcycles.

Request for Customization of This Report at: https://www.alliedmarketresearch.com/request-for-customization/9984

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Rising obesity problems amongst people is primarily driving the handcycle market. Additionally, rising fitness concerns among consumers is propelling the market growth. Besides, increasing demand for racing handcycles is favoring the handcycle market growth. Moreover, technological advancements are anticipated to proliferate the market of handcycle. However, volatile raw material prices are anticipated to restrain the market growth. Furthermore, increasing adoption of handcycles from physically disabled consumers segment is surging the market growth.

Olympic events to increase the consumer base

The Olympic events have wide popularity across the world. Moreover, the viewers of Olympic events have proliferated with rising number of events. Besides, inclusion of sports for physically disabled people have gained significant viewer base. Additionally, with inclusion of sports in Olympics, the sales of accessories and equipment used in the sport also increases. The para-cycling event is one such event which has aided in growth of handcycle. The handcycling classification in Paralympics was included for the first time at the 2008 Summer Paralympics.

Electric powered handcycle to drive the growth

Over the years, the electrification of vehicles has gained significant momentum in the automotive industry. Moreover, this trend is also witnessed in electric handcycles. The electric powered handcycles use motive force from electric source of energy. The electric powered handcycles have benefited hugely to the physically disabled people. Owing to the popularity gained, the manufacturers have accelerated their activities to develop the electric handcycles. For instance, in 2017, Wolturnus launched electric powered handcycle Wolturnus Fatbike. The Fatbike was developed in cooperation with Hjelpmiddeleksperten. The off-road electric handcycle comes with electrical support – a 250 W motor with a range of up to 60 km.

Interested to Procure The Data? Inquire here at: https://www.alliedmarketresearch.com/purchase-enquiry/9984

Key benefits of the report:
• This study presents the analytical depiction of the hand cycle industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed handcycle market analysis based on competitive intensity and how the competition will take shape in coming years.
• The report provides a detailed torsional vibration damper market analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the handcycle market research report:

• Which are the leading market players active in the handcycle market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the projections for the future that would help in taking further strategic steps?

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Handcycle Market | Industry Analysis, Trend, Growth, Opportunity, Forecast 2021-2028 here

News-ID: 2255797 • Views:

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collect
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in

All 5 Releases


More Releases for Olympic

Shenzhen Lightall Optoelectronics is All Set to Enhance the Olympic Experience w …
Lightall's LED tech elevates Paris Olympics viewing with clear, flexible displays, ensuring fair play and vivid visuals. Image: https://www.abnewswire.com/uploads/3e6905b331e1ff9bcf4a216f74b3ecd1.png As digital advancement continues to enhance the spectator experience, Shenzhen Lightall Optoelectronic Technology Co. LTD. has become a key player in providing high-quality LED display [https://www.szlightall.com/pages-81605] solutions for major sporting events. LIGHTALL LED's role is to play an ongoing role in advancing venue technology and audience engagement. The developments surrounding the 31st Summer Universiade
Tokyo Olympic Stadium Seating Grandstand Supplier
The 2020 Tokyo Olympic Games opened smoothly after a year of postponement. Shenzhen Avant Sports’ grandstand seating system made its debut in the Olympic field again after the last Brazil Olympics. There is a long history between the Olympic Games and Avant Sports. As early as 2008, it participated in the Beijing Olympics. By the Rio Olympics in 2016, Avant Sports became the only seat supplier in China, and now it
Business of Olympic Games - Tokyo Olympic Games Overview, Impact of COVID-19, Sp …
Business of Olympic Games market study released by HTF MI offers complete industry assessment highlighting key aspects that would help the business players, stakeholders, strategy planners, and marketing executives to understand the market dynamics and growth potential. The current trends of Olympic Games market is evaluated by analyzing key players as well as emerging players of various geography. Some of the profiled players of study are Alibaba, Airbnb, Atos, Bridgestone,
04-06-2016 | Arts & Culture
Duplicon
Google celebrates first modern olympic games
Google celebrates the 120th anniversary of the first modern olympic games. On April 6, 1896, the Olympic Games, a long-lost tradition of ancient Greece, are reborn in Athens 1,500 years after being banned by Roman Emperor Theodosius I. At the opening of the Athens Games, King Georgios I of Greece and a crowd of 60,000 spectators welcomed athletes from 13 nations to the international competition. Doodle designer Olivia Huynh created 4
Olympic Lawn’s Fall Planting Recommendations
Kansas City’s first frost may be just around the corner, but fall season is still in full swing. Fall is one of the prettiest seasons in the Midwest, with the rich hues of reds, yellows and oranges appearing through leaves and fall foliage. To beautify your home this season, consider planting long-lasting fall plants. “Fall is one of the best times to plant perennials and to add long-lasting, colorful annuals to
Hollywood welcomes Olympic artists
Art as cultural counterbalance to the Olympic Games // Pacific Design Center hosts the ARTIADE for show in Los Angeles // International films presented in PDC’s Silver Screen Theatre // When the athletes are competing for a place on the victory podium at the Olympic Games in Beijing, about 200 artists of their home countries will represent their culture as well, at the 4th ARTIADE. Hellenic General Secreteriat for the Olympics Games